Brazil’s HealthTech App MedPass Gains Strong Investor Backing

$8M Seed Funding, $6M Additional Capital Secured; Unveils Enhanced Quality of Life Platform

With strong growth projected for the global HealthTech apps market, Brazilian created MedPass is firmly on the leading edge of this wave as it gains significant traction with investors and clients alike.

MedPass – which currently targets corporate employees – today unveiled a substantially enhanced version of its HealthTech platform, 4.0, as it reports additional strong investor backing: After earlier securing $8 million in seed funding since 2016, it now has commitments from investors for another funding round of $6 million to finance the company’s continuing growth.

In Brazil’s highly fragmented healthcare startup market, with over 500 registered companies listed on Crunchbase, just 30 firms have received more than $1 million in seed funding, and a mere 10 have been funded above $5 million – and MedPass is one of them.

Introduction to MedPass HealthTech Platform

Unique features of the MedPass version 4.0 include a virtual assistant “Ben,” equipped with over 120 medical algorithms applied individually to the risk profile and medical records of the user, allowing specific screening and meaningful medical help.

Employees of MedPass clients begin their journey using MedPass by filling out digital assessments, within the MedPass application itself, of their health conditions, habits and behaviors. The results obtained generate managerial dashboards updated through integrated digital medical records, with assessments of quality of life and health, which guide population management policies of the clients. Messaging resources have also been created to allow clients’ HR staffs to transmit important communications with specific employees or companywide.

MedPass focuses on engaging its users by guiding and monitoring them through the app and through its own “Health Center,” where physicians and nurses engage through chat/video, seven days a week allowing, if advisable, to schedule consultations with specialized physicians.

AMD Promises Major Desktop CPU Gains, Previews Next-Gen GPUs

While the clock speeds for AMD’s  (AMD) – Get Report latest desktop CPUs are similar to those of their predecessors, it promises architectural changes will deliver major performance gains.

And that in turn has major implications not only for AMD’s desktop offerings, but also upcoming notebook and server CPU refreshes.

As expected, AMD unveiled its anticipated Ryzen 5000 desktop CPU line — the first products to rely on its next-gen, Zen 3, CPU core microarchitecture — during a Thursday event that was live-streamed on its website.

AMD’s Ryzen 5000 Desktop CPU Line

For now, the line features 4 CPUs: the 16-core Ryzen 9 5950X, the 12-core Ryzen 9 5900X, the 8-core Ryzen 7 5800X and the 6-core Ryzen 5 5600X. The CPUs will be available on Nov. 5.

With AMD once more relying on Taiwan Semiconductor’s  (TSM) – Get Report 7-nanometer (7nm) manufacturing process node, clock speeds for the new CPUs generally aren’t much different than those of comparable products relying on AMD’s Zen 2 microarchitecture, which was first unveiled in mid-2019. For example, the 5950X has a 3.4GHz base clock speed and a boost clock speed of 4.9GHz, which respectively compares with 3.5GHz and 4.7GHz base and boost clocks for its predecessor, the 16-core Ryzen 9 3950X.

AMD's Ryzen 5000 desktop CPU lineup. Source: AMD.

AMD’s Ryzen 5000 desktop CPU lineup. Source: AMD.

The other three CPUs have base clocks of either 3.7GHz or 3.8GHz, and boost clocks ranging from 4.6GHz to 4.8GHz. As a result, AMD is still differentiating its mid-range and high-end Ryzen desktop offerings primarily via core counts rather than clock speeds.

But while clock speeds aren’t changing much, AMD claims Zen 3 delivers a 19% performance gain in terms of instructions per clock (IPC). This gain — the result of a slew of architectural improvements, including a new cache

Top programming languages: C reigns supreme but third-ranked Python gains on Java

TIOBE releases its monthly programming languages index to detail fluctuations across the landscape. Its latest index identifies granular changes as well as long-term trends.


Image: iStock/monsitj

Software quality assurance company, TIOBE, releases its top programming languages index each month to detail shifts in the ever-evolving landscape. TIOBE recently announced its latest updated index for October. TIOBE uses a series of metrics including searches on Amazon, YouTube, Wikipedia, Bing, Google Yahoo, and Baidu to determine the rankings. Overall, the top 10 saw no positional shifts since the September report, although there are granular data fluctuations and long-term changes to note.

SEE: Linux commands for user management (TechRepublic Premium)

Top programming languages: TIOBE October index

Must-read developer content

In the latest index, C remains in the top spot with a rating of 16.95% representing a positive 0.77% change over October 2019. C continued its reign at the top from last month when the programming language held a rating of 15.95%. In October of 2019, C was ranked number two according to the TIOBE index.

Java remains the runner-up in the latest rankings with a 12.56% rating. Overall, Java had a negative 4.32% change since last October; the largest swing (negative or positive) in the top 50. Python remains in the third position with an 11.28% rating. The index notes this is Python’s highest position since 2001. Python recorded a positive 2.19% change since last October; the largest uptick registered in the top 50. In order, C++, C#, Visual Basic, and JavaScript round out the remaining top seven.

C++, C#, Visual Basic, and JavaScript were rated in the same order in TIOBE’s October 2019 ratings. The eighth-ranked programming language, PHP, jumped one spot from the October 2019 ratings. The ninth-ranked language in the latest rankings, R, surged six spots since October 2019. In

How Bombas Gains Competitive Advantage With Purpose And Product

Today’s corporate leaders realize that purpose is essential to starting and growing a business. That said, purpose alone won’t make your business successful. It is the integration of impact, quality products, customer service and meaningful storytelling that allows brands to gain a competitive advantage.

A company doing exemplary work marrying purpose and product is Bombas. The direct to consumer apparel brand donates a pair of socks for every pair they sell.

“Socks are the number one most requested clothing item at homeless shelters,” David Heath, co-founder and CEO of Bombas, tells We First. “It’s a luxury item for over 640,000 people who experience homelessness in the U.S. annually.” 

In the past year, Bombas donated more than 40 million pairs of socks and shows no sign of slowing down. How do they do it? How did they turn an idea into a multimillion dollar social enterprise? 

Founding story:

Heath learned about how important socks were to homeless people in 2011. “I started giving out socks to homeless people on my way to and from work in New York City,” Heath says. “I saw one guy take his shoes off and on one foot he had wrapped a bandana around his foot and on the other, he’d literally wrapped his foot into a plastic bag to stop the boot from rubbing against it.”

People living on the street often keep their shoes on at night for fear that they might be stolen. Not having access to socks presents health risks for homeless people. Since socks are a wear-through item, there’s a lack of them at donation centers. “How can I solve this problem at scale?” Heath wondered.

The young founder graduated from Babson College’s business school

India’s Sensex Extends Gains, Buoyed by Software Exporters

(Bloomberg) — India’s benchmark equity index rose, led by software exporters as Tata Consultancy Services Ltd. gave the measure its biggest boost.

a man standing next to a tree: Pedestrians stand outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, May 20, 2019. Indian stocks rallied the most in more than three years and the rupee and sovereign bonds climbed after exit polls signaled Prime Minister Narendra Modi’s ruling coalition is poised to retain power.

© Bloomberg
Pedestrians stand outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, May 20, 2019. Indian stocks rallied the most in more than three years and the rupee and sovereign bonds climbed after exit polls signaled Prime Minister Narendra Modi’s ruling coalition is poised to retain power.

The S&P BSE Sensex climbed 0.2% to 38,067.58, set for a third day of gains, as of 10:15 a.m. in Mumbai. The NSE Nifty 50 Index advanced by the same magnitude.


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The three-day run of gains has helped trim both gauges’ first monthly losses since May, with overseas investors remaining net sellers of local stocks after four consecutive months of buying.

“In the absence of major cues, it appears to be a traders’ market,” said Chokkalingam G, chief investment officer at Equinomics Research & Advisory Ltd. in Mumbai. “Investors should trade cautiously and book profits wherever they can.”

India’s government is likely to unveil its borrowing plan for the second half of the year Wednesday, while the central bank has yet to reschedule a policy meeting that had been scheduled to start today.

The rupee was little changed at 73.7675 per U.S. dollar, while the yield on 10-year government bonds rose one basis point to 6.07%.

The Numbers

Thirteen of 19 sector indexes compiled by BSE Ltd. rose, led by a 1.7% gain in a gauge of software exporters; the S&P BSE Information Technology Index has added 29% so far this year.A measure of telecom stocks was the worst performer, falling 1.9% as Bharti Airtel Ltd. weighed.ICICI Bank Ltd. was the biggest drag on the Sensex, declining 1.6%.

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